US500 drop in channel
The price movement in the growing channel has been going on since 2018.
In February 2020, there was a strong collapse.
But in August, the price went back to the channel.
Then she made several more false breakdowns of the support.
And then it rose to the resistance trend line.
Now the price is in the area of this line.
I expect it to touch resistance 3982.9.
And then it will fall.
The target is 3715.9.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
In February 2020, there was a strong collapse.
But in August, the price went back to the channel.
Then she made several more false breakdowns of the support.
And then it rose to the resistance trend line.
Now the price is in the area of this line.
I expect it to touch resistance 3982.9.
And then it will fall.
The target is 3715.9.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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